PPP Loan information for Paras corporation

$128,724

Paras corporation was initially approved for PPP Loan of amount $128,724, the current approved amount is $128,724. The loan was approved on 04/13/2020 by The WesBanco Bank, Inc. reported 26 jobs and $128,724 was used to fund payroll.

Paras corporation is Existing or more than 2 years old

PPP Loan Search / MD / POTOMAC / Paras corporation

PARAS CORPORATION

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PARAS CORPORATION

Borrower Address

10413 SANDRINGHAM CT

Borrower City

POTOMAC

Borrower State

MD

Borrower Zip

20854-1901

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128723.75

Current Approval Amount

128723.75

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POTOMAC

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-1901

CD

MD-08

Jobs Reported

26

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

128723.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129637.16

Forgiveness Date

01/08/2021

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